Marsh & McLennan Agency Acquires Midwest-Based Haake Cos.

February 3, 2010

Marsh & McLennan Agency LLC, a subsidiary of insurance broker Marsh Inc., has acquired Haake Companies, a large independent insurance agency headquartered in Overland Park, Kan. Terms of the transaction were not disclosed.

Established in 1926, Haake Companies has annual revenues of $11 million and 70 employees. Haake Companies provides property and casualty insurance, risk control services, and employee benefits to corporations in a wide range of industries, as well as personal insurance. The firm has specialty practices in manufacturing, health care/life sciences, hospitality, environmental liability and alternative risk.

Marsh established Marsh & McLennan Agency in October 2008. In the last quarter of 2009, Marsh & McLennan Agency acquired The NIA Group LLC, in the New York metropolitan area, and Insurance Alliance, headquartered in the in the Southwest.

Marsh Inc., www.marsh.com.